Colorado Springs, CO (PRWEB) October 17, 2009
FranchiseSaleDirect.com was launched to advertise franchise re-sales; connecting potential buyers of established franchises for sale with owners, brokers, or agents. This service is desirable because numbers of franchises are up for re-sale in this huge industry and a limited number of websites are devoted to franchise re-sales.
According to a 2009 PricewaterhouseCoopers LLP report prepared for the IFA, there are more than 850,000 franchise establishments. The SBA puts the number of franchise concepts (brands) above 2,500 and lists 1,065 in their Franchise Registry. The Registry lists those franchise systems whose franchise agreement has been pre-approved by the SBA, thereby shortening the loan process and ensuring consistent eligibility decisions.
Franchise Sale Direct makes it easy for buyers and sellers to connect. Potential buyers can readily find franchises by type and geographic selections. If desired, owner name and name of business can remain confidential and be protected with a non-disclosure agreement.
Owners sell for a variety of reasons such as: cashing in for retirement, spouse job relocation, health, other business interests, narrow margins because of poor management and banker pressure. This presents opportunities for buyers.
The primary advantages of buying a franchise resale are:
- Local franchise brand recognition and presence
- Existing franchise customers
- Existing cash flow
- Existing facility, fixtures, furnishings and equipment (FFE)
- Existing inventory and established supply lines
- Existing staff
- Evidence of what has been done and can be done
- Easier to obtain financing for an existing franchise than for a start-up franchise location or a proprietorship.
For additional information, contact Bill Bremer or visit http://www.franchisesaledirect.com.
About - Franchise Sale Direct is a division of Affiliated Business Consultants, Inc., a 30 year old Colorado Springs company devoted to linking business buyers and sellers.
Franchise Sale Direct
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